Common use of Conditions to Obligations of the Seller Parties to the Initial Closing Clause in Contracts

Conditions to Obligations of the Seller Parties to the Initial Closing. The obligations of the Seller Parties to effect the Initial Transactions will be further subject to satisfaction on or prior to the Initial Closing Date of each of the following conditions precedent, any of which may be waived exclusively by the Seller Parties:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (American Realty Capital Trust IV, Inc.), Purchase and Sale Agreement (American Realty Capital Properties, Inc.)

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Conditions to Obligations of the Seller Parties to the Initial Closing. The obligations of the Seller Parties to effect the Initial Transactions will be further subject to satisfaction on or prior to the Applicable Initial Closing Date of each of the following conditions precedent, any of which may be waived exclusively by the Seller Parties:

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (General Electric Capital Corp), Purchase and Sale Agreement (Blackstone Mortgage Trust, Inc.)

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